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A swap bank makes the following quotes for 5-year swaps and AAA-rated firms: USA Bid 6% Ask 6.2% Euro Bid 9% none of the options

A swap bank makes the following quotes for 5-year swaps and AAA-rated firms: USA Bid 6% Ask 6.2% Euro Bid 9% none of the options Ask 9.2% O The bank stands ready to pay $9 percent against receiving dollar LIBOR on 5-year loans. O The bank stands ready to receive 7 percent against receiving dollar LIBOR on 5-year loans, O The bank stands ready to pay 9.2 percent against receiving dollar LIBOR on 5-year loans. 55
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A swap bank makes the following quotes for 5 -year swaps and AAA-rated firms: none of the options The bank stands ready to pay $9 percent against receiving, dollar LIBOR on 5 -year loans. The bank stand's ready to receive 7 percent against receiving dollar LIBOR on 5-year loa The bank stands ready to pay 9.2 percent against receiving dollar LIBOR on 5 -year loans

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